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Euro exchange rates were higher after the European Central Bank (ECB) raised interest rates by 25 basis points and gave no indication it was considering an end to the interest rate hiking cycle.
June 15,2023
GBPEUR can extend its current rally over the coming days according to strategists at two investment banks.
June 14,2023
GBP/EUR close to one-year high after European data deteriorates, little scope for data to lift Bank Rate expectations or GBP further.
June 12,2023
The Pound to Euro exchange rate rose to 1.1680 ahead of the weekend, its highest level since December 2022 and a new high for 2023.
June 9,2023
GBPEUR breaking above key level on the charts, 1.1650 could thwart upside near-term.
June 8,2023
The Pound to Euro exchange rate (GBPEUR) remains in an uptrend despite the setback seen at the start of the week.
June 7,2023
The Pound to Euro exchange rate reached new highs for the year last week but with technical and fundamental factors both now leaning into the recovery, the risk is of Sterling topping out in the days ahead and potentially even dropping back toward the 1.15 level.
June 5,2023
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